NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $2,643,000

5 Beds
3.5 Baths
2,500 Sq Ft
$838/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $1,700,000 $680 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,614/month

137 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Parking available for a boat
  • Open Floorplan
  • 1 Boat Dock
  • Bay View
  • 5-minute walk to Bay View Park

About This Home

As of April 2018

Surrounded by Barnegat Bay. This Michael Pagnotta Custom designed and built traditional shingle-style home was just recently conceived and built with all the finest natural materials inside and out. Red cedar shake shingles are complimented by mahogany decking and mahogany wainscoted porch ceilings and soffits. Entry doors and garage carriage doors custom crafted in Oregon using old growth Douglas Fir wood. Inside, the flooring is wide plank American Cherry throughout with marble basket weave tile in all 3 full baths, and natural slate in the powder room, pantry and downstairs entry. Traditional living keeps you close to the Bay with your boat docked steps away. The 10 ft. ceilings soar to natural roof line volume ceilings and all serve to make this 2500 sq. ft, wide-open floor plan live even larger. Custom cabinetry, Carrera Marble counter tops, SubZero and Wolf appliances finish the kitchen.,The 5 bedrooms include a large master suite, a junior suite and a custom made bunk room for the children or grandchildren to create their summer memories. Tastefully chosen Restoration Hardware interior and exterior lighting fixtures and furnishings are all a part of this special property.

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 09/26/2017

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 09/26/2017

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,174

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 67x70
  • 65 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • The property's topography is level
  • 1.01 RIPA

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Slab Foundation
  • Shingle Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Bay Views
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Riparian Grant
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 29-00049-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,174

Year Built

Built in 2015

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2015
  • Remarks Public: Surrounded by Barnegat Bay. This Michael Pagnotta Custom designed and built traditional shingle-style home was just recently conceived and built with all the finest natural materials inside and out. Red cedar shake shingles are complimented by mahogany decking and mahogany wainscoted porch ceilings and soffits. Entry doors and garage carriage doors custom crafted in Oregon using old growth Douglas Fir wood. Inside, the flooring is wide plank American Cherry throughout with marble basket weave tile in all 3 full baths, and natural slate in the powder room, pantry and downstairs entry. Traditional living keeps you close to the Bay with your boat docked steps away. The 10 ft. ceilings soar to natural roof line volume ceilings and all serve to make this 2500 sq. ft, wide-open floor plan live even larger. Custom cabinetry, Carrera Marble counter tops, SubZero and Wolf appliances finish the kitchen.,The 5 bedrooms include a large master suite, a junior suite and a custom made bunk room for the children or grandchildren to create their summer memories. Tastefully chosen Restoration Hardware interior and exterior lighting fixtures and furnishings are all a part of this special property.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked, Washer, Water Heater - Tankless
  • Flooring Type: Marble, Slate, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Crown Moldings, Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting, Window Treatments, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung, Screens, Insulated
  • Fireplace Features: Gas/Propane, Stone, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry, French
  • Foundation Details: Pilings, Slab
  • Levels Count: 3+
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 718.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1915

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage, Bbq Grill, Exterior Lighting, Outside Shower, Lawn Sprinkler
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 65

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1.01 RIPA
  • Fencing: Partially
  • Improvement Assessed Value: 542400.00
  • Land Assessed Value: 667700.00
  • Lot Features: Bulkheaded, Level
  • Lot Dimensions: 67x70
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Topography: Level
  • Zoning: SFR
  • Zoning Description: SFR

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076051
  • Tax Annual Amount: 11174.00
  • Assessor Parcel Number: 29-00049-0000-00001
  • Tax Lot: 1
  • Tax Year: 2016
  • Close Date: 04/30/2018

Multi Family

  • Waterfront Features: Riparian Grant

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Apr 25, 2018
Sold by
Freeman Ellen H and Freeman Edward A
Bought by
Rinaldi Thomas and Rinaldi Dianne
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Current Estimated Value
$2,094,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,830
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,218,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2015
Sold by
Freeman Edward A and Freeman Ellen H
Bought by
Freeman Ellen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2015
Sold by
Freeman Ellen H
Bought by
Freeman Edward A and Freeman Ellen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 17, 2014
Closed on
Apr 16, 2014
Sold by
Conklin Ann Marie and Conklin Anne Marie
Bought by
Freeman Ellen H
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$275,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Conklin Anne Marie and Sutton Arthur E
Bought by
Conklin Anne Marie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rinaldi Thomas $1,625,000 --
Freeman Ellen H -- Attorney
Freeman Edward A -- Landguard Title Svcs Llc
Freeman Ellen H $550,000 Southern Shores Title Agency
Conklin Anne Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinaldi Thomas $1,100,000
Closed Rinaldi Thomas $1,218,750
Previous Owner Freeman Edward A $625,500
Previous Owner Freeman Edward A $650,000
Previous Owner Freeman Ellen H $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $1,700,000 -5.3% $680 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
09/26/2017 09/26/17 For Sale $1,795,000 +226.4% $718 / Sq Ft
04/17/2014 04/17/14 Sold $550,000 0.0% $1,113 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $550,000 -- $1,113 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,662 $1,216,800 $667,700 $549,100
2024 $13,981 $1,216,800 $667,700 $549,100
2023 $12,886 $1,216,800 $667,700 $549,100
2022 $12,886 $1,216,800 $667,700 $549,100
2021 $12,817 $1,216,800 $667,700 $549,100
2020 $12,862 $1,216,800 $667,700 $549,100
2019 $12,874 $1,216,800 $667,700 $549,100
2018 $12,827 $1,210,100 $667,700 $542,400
2017 $11,992 $1,210,100 $667,700 $542,400
2016 $11,174 $1,009,400 $616,300 $393,100
2015 $10,902 $616,300 $616,300 $0
2014 $6,650 $616,300 $616,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC162044

Bright MLS

APN: 29-00049-0000-00001